The White House is hosting a cybersecurity forum this week, and a prominent insurance executive is one of the industry representatives invited to participate.
Sources familiar with the event told Reuters that Travelers Companies CEO Alan Schnitzer is one of the guests at the White House cybersecurity symposium planned for today. Other high-profile executives invited to the forum include Amazon CEO Andy Jassy, Apple CEO Tim Cook, Microsoft CEO Satya Nadella, Google CEO Sundar Pichai, and IBM CEO Arvind Krishna.
In addition to industry heads, the White House has also invited representatives from energy utility firm Southern Co. and financial giant JPMorgan Chase & Co., Bloomberg had previously reported.
Top cybersecurity officials from the Biden administration will be present at the event, such as National Cybersecurity Director Chris Inglis and Secretary of Homeland Security Alejandro Mayorkas.
According to sources, the topics of discussion at the event will include ransomware, critical infrastructure, supply chain security, cybersecurity education and data breach insurance policy. The sources also told Reuters that the participating companies are expected to make public commitments to improve their IT security measures, as well as to further train their workforce for cybersecurity.
Although the White House engaging with the private sector over potential new cybersecurity policies is nothing new, sources noted that this event is unique in that the government has welcomed an insurance industry representative.